l

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

REAL ESTATE SALISBURY MARYLAND LONG AND FOSTER REALTORS Billie Morris picture of flowers

SALISBURY MARYLAND REAL ESTATE
LONG AND FOSTER REALTORS BILLIE MORRIS SALISBURY MD picture of bar
Billie Morris, CRS, e-PRO

LONG AND FOSTER REALTORS BILLIE MORRIS SALISBURY MD picture of agent

Questions? Ask Billie or call direct 410-430-3878

 

Tax Information

Please  talk to a trusted  accountant,  lawyer  or financial planner.  Every transaction is  subjective and requires careful planning.   I hope these links will give you a foundation for your individual questions.

      Check out this IRS list  of frequently asked questions you can download. Look at IRS tax tables or search for specific questions and answers  from the IRS.

     Take a look at Home Gain Exclusion, if you sold or exchanged your home, you may be allowed to exclude up to $250,000 of gain ($500,000, for certain married taxpayers filing a joint return) realized on the sale or exchange of your main home. Lawyers Title Company  offers services for  a tax deferred exchange. This has become popular with commercial and investment real estate transactions.

     You may  want  to read about defining basis,  depreciation or installment sales. There is a wealth of information here.  Apply this knowledge  to your own situation and get  professional guidance.
 

Billie Morris, CRS, e-PRO
SALISBURY MARYLAND REAL ESTATE, BILLIE MORRIS, LONG AND FOSTER REALTORS, picture of flower
Long and Foster Real Estate, Inc.
1405 S. Salisbury Blvd
 Salisbury Maryland 21804
 Office: 443-523-1336   Cell: 443-880-1994

 BillieM@SalisburyHomes.com

All Information deemed reliable but not guaranteed

Copyright 1997 - 2014  Billie Morris. All rights reserved.
Web maintenance 
Morris Enterprises

SALISBURY MARYLAND REAL ESTATE, BILLIE MORRIS, LONG AND FOSTER REALTORS, picture of brass bar
 

Salisbury Homes For Sale, Billie Morris, Long and Foster Realtors, Real Estate Library Pure Gold Award

Salisbury Maryland Real Estate, Billie Morris, Long and Foster Realtors, e-PRO Certification

 

SALISBURY MARYLAND REAL ESTATE, BILLIE MORRIS, LONG AND FOSTER REALTORS, picture of brass bar